Nowhere, and no one has claimed such a thing. I don’t feel like digging up the size of the tranches for those loans now, but in the old one it was something like 760€, because it was backed by very complex arrangements related to debt reduction. The tranche of the new hybrid is divisible by 100.
You are confusing things now. Kokkila sold old hybrids with a nominal value of just over one million and received 100% of their nominal value for them. After this, he subscribed for new hybrids worth 500k€ at 100% of their nominal value.
If the value of the hybrids redeemed from Kokkila had been half of the nominal value, the stock exchange release would have stated 50 pct instead of 100 pct.